Phoenix Group Holdings PLC (PHNX) - Net Assets

Latest as of December 2025: GBX798.00 Million GBX ≈ $97.09K USD

Based on the latest financial reports, Phoenix Group Holdings PLC (PHNX) has net assets worth GBX798.00 Million GBX (≈ $97.09K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX332.24 Billion ≈ $40.42 Million USD) and total liabilities (GBX331.44 Billion ≈ $40.33 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PHNX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX798.00 Million
% of Total Assets	0.24%
Annual Growth Rate	1.97%
5-Year Change	-87.28%
10-Year Change	-76.06%
Growth Volatility	72.13

Phoenix Group Holdings PLC - Net Assets Trend (2008–2025)

This chart illustrates how Phoenix Group Holdings PLC's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Phoenix Group Holdings PLC for the complete picture of this company's asset base.

Annual Net Assets for Phoenix Group Holdings PLC (2008–2025)

The table below shows the annual net assets of Phoenix Group Holdings PLC from 2008 to 2025. For live valuation and market cap data, see PHNX company net worth.

Year	Net Assets	Change
2025-12-31	GBX798.00 Million ≈ $97.09K	-64.47%
2024-12-31	GBX2.25 Billion ≈ $273.27K	-36.54%
2023-12-31	GBX3.54 Billion ≈ $430.59K	-24.59%
2022-12-31	GBX4.69 Billion ≈ $571.00K	-25.21%
2021-12-31	GBX6.28 Billion ≈ $763.49K	-14.95%
2020-12-31	GBX7.38 Billion ≈ $897.69K	+44.70%
2019-12-31	GBX5.10 Billion ≈ $620.40K	-14.29%
2018-12-31	GBX5.95 Billion ≈ $723.82K	+88.56%
2017-12-31	GBX3.15 Billion ≈ $383.87K	-5.34%
2016-12-31	GBX3.33 Billion ≈ $405.53K	+10.95%
2015-12-31	GBX3.00 Billion ≈ $365.50K	-8.36%
2014-12-31	GBX3.28 Billion ≈ $398.84K	+21.99%
2013-12-31	GBX2.69 Billion ≈ $326.93K	+12.80%
2012-12-31	GBX2.38 Billion ≈ $289.82K	+0.68%
2011-12-31	GBX2.37 Billion ≈ $287.87K	+2.87%
2010-12-31	GBX2.30 Billion ≈ $279.84K	+7.48%
2009-12-31	GBX2.14 Billion ≈ $260.38K	+273.47%
2008-12-31	GBX573.00 Million ≈ $69.72K	--

Equity Component Analysis

This analysis shows how different components contribute to Phoenix Group Holdings PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 1869.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	GBX101.00 Million	41.39%
Other Comprehensive Income	GBX721.00 Million	295.49%
Other Components	GBX6.00 Million	2.46%
Total Equity	GBX244.00 Million	100.00%

Phoenix Group Holdings PLC Competitors by Market Cap

The table below lists competitors of Phoenix Group Holdings PLC ranked by their market capitalization.

Company	Market Cap
Dogusan Boru Sanayi ve Ticaret AS IS:DOGUB	$93.46 Million
Digital Mediatama Maxima PT JK:DMMX	$93.58 Million
Parkit Enterprise Inc V:PKT	$93.61 Million
Jeil Pharm KO:002620	$93.63 Million
Mitake Information TWO:8284	$93.44 Million
Cemacon Zalau RO:CEON	$93.42 Million
CO2 Energy Transition Corp. Unit NASDAQ:NOEMU	$93.41 Million
Nasmedia Co. Ltd KQ:089600	$93.40 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Phoenix Group Holdings PLC's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,707,000,000 to 244,000,000, a change of -1,463,000,000 (-85.7%).
Net loss of 443,000,000 reduced equity.
Dividend payments of 547,999,999 reduced retained earnings.
Share repurchases of 9,000,000 reduced equity.
New share issuances of 5,000,000 increased equity.
Other comprehensive income decreased equity by 495,000,000.
Other factors increased equity by 26,999,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	GBX-443.00 Million	-181.56%
Dividends Paid	GBX548.00 Million	-224.59%
Share Repurchases	GBX9.00 Million	-3.69%
Share Issuances	GBX5.00 Million	+2.05%
Other Comprehensive Income	GBX-495.00 Million	-202.87%
Other Changes	GBX27.00 Million	+11.07%
Total Change	GBX-	-85.71%

Book Value vs Market Value Analysis

This analysis compares Phoenix Group Holdings PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 3146.59x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 1338.57x to 3146.59x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	GBX0.57	GBX767.00	x
2009-12-31	GBX9.93	GBX767.00	x
2010-12-31	GBX1.58	GBX767.00	x
2011-12-31	GBX1.65	GBX767.00	x
2012-12-31	GBX1.66	GBX767.00	x
2013-12-31	GBX1.91	GBX767.00	x
2014-12-31	GBX2.37	GBX767.00	x
2015-12-31	GBX2.43	GBX767.00	x
2016-12-31	GBX3.33	GBX767.00	x
2017-12-31	GBX3.16	GBX767.00	x
2018-12-31	GBX5.66	GBX767.00	x
2019-12-31	GBX4.79	GBX767.00	x
2020-12-31	GBX7.04	GBX767.00	x
2021-12-31	GBX5.82	GBX767.00	x
2022-12-31	GBX4.16	GBX767.00	x
2023-12-31	GBX2.98	GBX767.00	x
2024-12-31	GBX1.71	GBX767.00	x
2025-12-31	GBX0.24	GBX767.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Phoenix Group Holdings PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): -181.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2.43%
• Asset Turnover: 0.05x
• Equity Multiplier: 1361.64x
Recent ROE (-181.56%) is below the historical average (-13.77%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	5.41%	93.94%	0.06x	1.03x	GBX-26.30 Million
2009	6.73%	5.54%	0.02x	54.49x	GBX-46.20 Million
2010	1.90%	0.40%	0.09x	52.89x	GBX-128.00 Million
2011	-7.93%	-2.02%	0.07x	54.18x	GBX-296.20 Million
2012	24.55%	35.12%	0.01x	51.93x	GBX241.20 Million
2013	7.60%	3.50%	0.06x	39.01x	GBX-45.90 Million
2014	13.11%	6.06%	0.07x	29.09x	GBX73.50 Million
2015	8.26%	38.07%	0.01x	26.51x	GBX-42.40 Million
2016	-3.03%	-1.38%	0.09x	25.80x	GBX-434.30 Million
2017	-0.86%	-0.44%	0.07x	26.45x	GBX-342.50 Million
2018	6.70%	0.00%	-0.03x	40.67x	GBX-186.50 Million
2019	1.78%	0.76%	0.05x	49.19x	GBX-393.50 Million
2020	11.34%	6.02%	0.04x	46.15x	GBX94.30 Million
2021	-14.39%	-11.97%	0.02x	55.93x	GBX-1.42 Billion
2022	-65.47%	-33.24%	0.03x	67.06x	GBX-3.14 Billion
2023	1.87%	0.34%	0.06x	100.10x	GBX-243.00 Million
2024	-63.85%	-5.09%	0.07x	180.35x	GBX-1.26 Billion
2025	-181.56%	-2.43%	0.05x	1361.64x	GBX-467.40 Million

Industry Comparison

This section compares Phoenix Group Holdings PLC's net assets metrics with peer companies in the Insurance - Life industry.

Industry Context

Industry: Insurance - Life
Average net assets among peers: $-1,712,644,986
Average return on equity (ROE) among peers: 2.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Phoenix Group Holdings PLC (PHNX)	GBX798.00 Million	5.41%	415.34x	$93.45 Million
Chesnara (CSN)	$78.74 Million	-13.68%	11.54x	$8.70 Million
Ecclesiastical Insurance Office plc (ELLA)	$-7.76 Billion	0.00%	0.00x	$6.10 Million
Hansard Global Plc (HSD)	$20.80 Million	25.00%	64.74x	$855.13K
Prudential plc (PRU)	$805.04 Million	0.00%	34.79x	$335.98 Million

About Phoenix Group Holdings PLC

LSE:PHNX UK Insurance - Life

Market Cap

$93.45 Million

GBX768.09 Billion GBX

Market Cap Rank

#19433 Global

#116 in UK

Share Price

GBX767.00

Change (1 day)

+0.07%

52-Week Range

GBX601.00 - GBX767.50

All Time High

GBX767.50